Dominican Government faces high unemployment due to crisis


Santo Domingo, DR The new government that started this Monday faces high unemployment. Last Friday’s registration in the Ministry of Labor was 830,513 employees “affected without extension”, due to the effect of the pandemic in the country’s economic activities. Only in January March of this year 2020, out of an occupied population of 4.6 million, there was a drop of 42,764 compared to the first quarter of 2019, a limitation that began from the second of March when Covid-19 began to wreak havoc in the Republic Dominican. Employment was growing. Each year an average of 136,149 employed grew in the last four years. However, as a result of the drop in global demand that had already been coming since mid-2019, the International Monetary Fund (IMF) projected unemployment of 9.1% this 2020. The […]

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One Caribbean Media reports half-year loss, again no dividends - Barbados Today

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